as they work hard for it. According to Narmit Arora “we are the authors of our own destiny and whoever wins the race is morally deserving of the rewards they obtain- and on its flip side‚ that we morally deserve our failure‚ too” (Arora 88). This economic model advocates hard work and justifies failures by having a person blame themselves
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How to measure development: 10/11/2013 1. PowerPoint: Economic: GDP‚ GNP/GDP per head capita‚ real GDP‚ GNI Social measures: Life expectancy‚ birth rate‚ adult literacy‚ and infant mortality‚ HDI. Happy Planet Index is an index of human well-being and environmental that was introduced by the New Economics Foundation in July 2006 2. Read: HDI p.28-29 a) List the 3 components of the HDI Life expectancy‚ adult literacy rate and standard of living (income adjusted to local cost of
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more than enough money in our county for everyone to have an enough food‚ housing‚ education and health care. Then why is there hungry people‚ homeless people‚ educational inequality and higher rates of disease for those living in poverty? There is no question that the income inequality is the issue in America. This inequality is continuing to make the wealthy wealthier and those living in poverty trapped in a vicious cycle. Clearly‚ the redistribution of wealth would be beneficial in our society
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Class Inequality There comes a time when everybody must experience the discomfort‚ either positive or negative‚ in a economic situation. If you come from a low-income family‚ have you ever found yourself shopping at Saxs Fifth Avenue stores? Or if your wealthy‚ do you find yourself worry about the prices of such objects? Is this impartial? In the story‚ "The Lesson" Toni Cade Bambara shows that the reality of the American economic system is unfair. Bambara illustrates her point that class inequality
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"Income Inequality: Too Big to Ignore" Summary Robert Frank‚ a professer at Cornell University‚ published an article for the New York Times on October 16‚ 2010. The title of the article was "Income Inequality: Too Big to Ignore". In "Income Inequality: Too Big to Ignore"‚ Frank argues that there are differences in the social classes of the American people and that it is having a negative effect on our economy’s growth. Frank explains that middle class citizens are in a struggle to maintain a good
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Ashley Duran Sociology 1101 August 9‚ 2010 Poverty and Crime A social issue that has always intrigued me was crime (petty crime‚ violent crime‚ etc) in impoverished urban areas and the social and economic impact that crime causes in these areas. Before conducting my research into this topic‚ I have always pondered why crime and poverty are so closely related. Are these two so closely linked solely because of the lack of income in the area? Or are there some
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10.1 HSC Topic One – The Global Economy Investigate the global distribution of income and wealth-- When analysing the specific distribution of wealth and income at a global level‚ the frequency of the term ‘Inequality’ is quite often brought to attention. This is simply because (and as expanded upon below) the distribution of wealth is anything but equal. To present a proverb or maxim of sorts‚ “The rich continue getting richer‚ while the poor; poorer”‚ generally summing up the current state
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part of the core of American political culture? Government intervention Allegiance to parental homeland Caste system Strength in diversity Foreign diplomacy 4) Income inequality has increased significantly in recent generations. Despite this‚ _______ is controversial among Americans because it attempts to equalize economic outcomes rather than opportunities. The school improvement grants program Welfare The school lunch program Head Start Federal student aid 5) Concerns about the level
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truly has occurred (Figure 2). Figure 2 indicates the cumulative picture is of an upward trend‚ therefore the inequality is increasing across the years. However‚ there have also been years in which the inequality rate decreased‚ only to eventually increase back up into unequal rates (ABS considers this fact as insignificant change). By observing this graph‚ we can presume that while the inequality has increased in Australia over the previous 3 decades the common saying ‘rich becoming richer and poor becoming
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in Greece during last 3 decades. The party after its reelection in 2000 increased spending to recover economy and provide basic facilities of better health‚ education and better job opportunities to its citizen (Puddington‚ Piano‚ Neubauer 288) ECONOMIC TRENDS For more than a decade‚ extensive borrowing and spending by the government has led the country into public debt crisis. Tax evasion rampant in Greece that translated added to government’s
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